---
schema_version: "secwatch.filing_event.v1"
accession: "0001582961-22-000040"
form_type: "8-K"
ticker: "DOCN"
cik: "0001582961"
company_name: "DigitalOcean Holdings, Inc."
filed_at: "2022-08-23T23:59:59+00:00"
generated_at: "2026-06-23T21:59:53.642424+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DigitalOcean to acquire Cloudways for $350M cash; close expected in Sept 2022

## Summary
- $350M cash consideration; significant portion deferred over 30 months post-closing.
- Cloudways expected to generate >$52M revenue in FY2022, 3-year CAGR >50%.
- Acquisition to be accretive to revenue growth; neutral to FY2022 operating profit and FCF margins.
- Combined company to serve over 124,000 customers paying >$50/month (~84% of pro forma revenue).
- DigitalOcean's global employee base to increase by 30%; adds expertise in key growth areas.

## SEC filing metadata
- accession: 0001582961-22-000040
- form_type: 8-K
- ticker: DOCN
- cik: 0001582961
- company_name: DigitalOcean Holdings, Inc.
- filed_at: 2022-08-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582961/000158296122000040/0001582961-22-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582961/000158296122000040/docn-20220819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001582961-22-000040
- JSON: https://secwatch.observer/filing/0001582961-22-000040.json
- Plain text: https://secwatch.observer/filing/0001582961-22-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.